AMBR Dividend Type Payments
Although AMBR has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Amber International Holding Limited - American Depositary Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):
Amber International Holding Limited - American Depositary Shares (AMBR) | ||||||
---|---|---|---|---|---|---|
Bid | Ask | Last | Change | Volume | P/E | Market Cap |
11.50 | 12.10 | 11.84 | -0.13 | 237K | - | 0.0B |
AMBR Dividend-Like Income Using Covered Calls
With AMBR at 11.84, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:
Annual Yield | Annual Premium | Cents/Day |
---|---|---|
3% | 0.36 | 0.1 |
5% | 0.59 | 0.2 |
10% | 1.18 | 0.3 |
So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:
3% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 12.50 | 0.90 | 57 | 1.6 | 0.40 (3.4%) | |
Jul 18 | 12.50 | 1.00 | 29 | 3.4 | 0.40 (3.4%) |
5% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 12.50 | 0.90 | 57 | 1.6 | 0.40 (3.4%) | |
Jul 18 | 12.50 | 1.00 | 29 | 3.4 | 0.40 (3.4%) |
10% Yield On AMBR Using Covered Calls | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Days | Cents/Day | Upside Potential | |
Aug 15 | 12.50 | 0.90 | 57 | 1.6 | 0.40 (3.4%) | |
Jul 18 | 12.50 | 1.00 | 29 | 3.4 | 0.40 (3.4%) |
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Top 10 Open Interest For Jul 18 Expiration | Top 5 High Yield | |||||
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1. | SLV dividend | 6. | TSLA dividend | 1. | ALT dividend | |
2. | NVDA dividend | 7. | IWM dividend | 2. | COGT dividend | |
3. | SPY dividend | 8. | FXI dividend | 3. | BBAI dividend | |
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Want more examples? AMBC Dividend | AMC Dividend